1547 Hillcrest Road

Cleveland, OH 44118

$150,000
Last Sold Price
8
Beds
3,365 Sq. Ft.
$45 / Sq. Ft.
3,365
Sq. Ft.
$45
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 10/17/24
Closed 10/17/24

Description

Investors' dream right on the border of Cleveland Heights! This spacious triplex boasts 8 bedrooms and 3 full bathrooms across three units, perfect for maximizing rental income. With a location near local amenities, public transit and not far from downtown, this property offers a lucrative opportunity for investors looking to expand their portfolio in a thriving rental market. Second floor currently renting below market for $700/mo on a month-to-month lease. First floor owner occupied. Exterior recently...Investors' dream right on the border of Cleveland Heights! This spacious triplex boasts 8 bedrooms and 3 full bathrooms across three units, perfect for maximizing rental income. With a location near local amenities, public transit and not far from downtown, this property offers a lucrative opportunity for investors looking to expand their portfolio in a thriving rental market. Second floor currently renting below market for $700/mo on a month-to-month lease. First floor owner occupied. Exterior recently painted. Don't miss out on this investment with potential for strong returns! Buyer to assume POS.
  1. Listed by Angela R Thompson • HomeSmart Real Estate Momentum LLC
    P: (216)-513-8798 C: (216)-513-8798 realtorangelathompson@gmail.com

Property Details for 1547 Hillcrest Road

Subdivision Name
Coventry Mayfield
Has Waterfront
No
LISTING UPDATED: 10/19/2024 02:19 PM

Property Details for 1547 Hillcrest Road

StatusClosed
MLS #5053153
Days on Market13
Taxes$1,006 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1919
Lot Size0.11 AC / 5,000 SF
CountyCuyahoga County
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Location

Listing Courtesy of HomeSmart Real Estate Momentum LLC

Sold By Plum Tree Realty, LLC

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Building Information for 1547 Hillcrest Road

Stories3Residences-Year Built1919Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

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$831 per month

30 year fixed, 6.36% Interest

Principal and Interest

$747

Property Taxes

$84

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1547 Hillcrest Road

Summary
Location and General Information
  • Directions: Superior to Hillcrest
  • Latitude: 41.515735
  • Longitude: -81.575481
  • Township: East Cleveland
Taxes and HOA
  • Parcel Number: 672-27-041
  • Tax Annual Amount: $1,005.76
  • Tax Legal Description: 6 COV MAYF &S/L209 SP0208 NP
  • Tax Year: 2023
School Information
  • Elementary School District: East Cleveland CSD - 1812
  • High School District: East Cleveland CSD - 1812
  • Middle or Junior School District: East Cleveland CSD - 1812
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Driveway, On Street
Property
Lot Information
  • Lot Size Acres: 0.1148
  • Lot Size Area: 0.1148
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3365.0
  • Above Grade Finished Area Source: Assessor
  • Living Area: 3365.0
  • Living Area Units: Square Feet
  • Year Built: 1919
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Wood Siding
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 8
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 15
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Shingle
  • Stories: 3
Unit Information
Unit 1
  • Area: 673.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Actual Rent: $700.00
  • Area: 1346.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: tenant occupied; lease is month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Three Bedroom
Unit 3
  • Area: 1346.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: owner occupied
  • Leased: No
  • Occupant Type: Vacant
  • Type: Three Bedroom
Rental
Rent Information
  • Tenant Pays: Electricity, Gas

Property History for 1547 Hillcrest Road

DateEvent & SourcePriceAppreciation
Oct 17, 2024

Sold

MLS Now #5053153

$150,000—
Aug 29, 2024

Contract Signed

MLS Now #5053153

—
Aug 16, 2024

Listed (Active)

MLS Now #5053153

$150,000—
DateEvent & SourcePrice
10/17/2024

Sold

MLS Now #5053153

$150,000
08/29/2024

Contract Signed

MLS Now #5053153

—
08/16/2024

Listed (Active)

MLS Now #5053153

$150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1547 Hillcrest Road

Taxable ValueLand$1,120Additions$17,820Total$18,940
Tax Record2021$1,172 ($98 / month)
Home Facts
Baths3Total Finished SqFt3,365 SqFtAbove Grade Finished SqFt3,365 SqFtUnfinished Basement SqFt1,346 SqFtStories2Lot Size5,000 SqFtStyleTriplexYear Built1919Year Renovated1962ZoningU1CountyCUYAHOGAAPN672-27-041

Schools near 1547 Hillcrest Road

This home is within East Cleveland City School District.
Rating
School
Type
Grades
Distance
Superior School for the Performing Arts
Public - 3 to 7
Shaw High School
Public - 9 to 12
Heritage Middle School
Public - 6 to 8
Mayfair Elementary School
Public - 3 to 5
Rating
School
Distance
Superior School for the Performing Arts
Public3 to 7

Shaw High School
Public9 to 12

Heritage Middle School
Public6 to 8

Mayfair Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of HomeSmart Real Estate Momentum LLC

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